Two Big Hits, Let The Dollar Break Hundreds Of Dreams.

On the occasion of the US dollar rally, the US retail sales figures were lower than expected, and the US dollar index dropped by nearly 60 points. The International Monetary Fund (IMF) lowered the US growth rate forecast for the next two years to further expand the US index. These two bad factors caused the US dollar index to suffer a heavy setback yesterday, ending the 0.7% consecutive six consecutive trading days, or 0.7%.

The euro rebounded against the US dollar, which tested the 1.07 pass, but the market's worries about Greek debt limit its gains.

The decline in the US index also helped the pound rise further. The Australian dollar and New Zealand dollar all pulled back most of the land lost on the previous day, and the US dollar against Japanese yen continued to fall below the 120 level.

Data show that US retail sales in March increased by 0.9%, less than expected 1%, and core sales month rate increased by 0.4%, far less than expected growth of 0.7%.

However, the US PPI rate for March has risen for the first time since October last year, to 0.2%, indicating that inflation is stabilizing.

The PPI rate fell 0.8% in March and is expected to fall by 0.9%.

Overall, the recent performance of a series of US economic data is poor, which makes investors strong in the US economy.

The prospect has been questioned, and a large number of US dollars have taken the lead.

The global economic outlook (IMF) report made the dollar fall worse.

In the latest world economic outlook, the organization lowered the GDP growth rate from 3.6% to 3.3% in the United States and next year and 3.1% in the next two years. The growth rate of GDP in the euro area is expected to increase to 1.5% and 1.6% respectively this year and next year, and the growth rate of emerging economies is expected to remain unchanged at 4.3% this year.

IMF said it was worried about the uncertainty of the first time the United States raised interest rates, and said it could not rule out the possibility of a Greek crisis, warning Greece to return to Europe.

Overnight, the British side announced a big wave.

In Britain, the CPI rate was flat in March, which has been lower than the target growth rate of 2% in the 15 consecutive months.

The core CPI grew at an annual rate of 1%, the lowest level since July 2006.

This consolidated the market's anticipation of postponing the timing of the bank's interest rate hike. The pound fell against the US dollar, but after the dollar index weakened, it rebounded strongly, recovering its previous losses and eventually rising.

After bad China's trade data, China's retail sales, industrial production and first quarter GDP data showed a weak performance, and the Aussie dollar plunged sharply against the US dollar.

Data show that China's retail sales in March dropped from 11.9% to 10.2%, while industrial production grew by 5.6% at an annual rate of less than 7%.

In the first quarter, GDP grew by 7% annually, a new low in the past six years and a 1.3% increase in the quarterly rate.

This shows that China's downward pressure on the economy is getting bigger and bigger, but analysts say that the accompanying stimulus increase may help the Chinese economy hit bottom.

The European Central Bank will announce the interest rate resolution. President Delagi will hold a press conference. At present, the market expects the European Central Bank to maintain the current interest rate unchanged. Investors need to focus on Delagi's views on the economy and inflation.

The Central Bank of Canada will also announce the latest interest rate resolution. Although the market is unanimously expected that the bank will remain unmoved, it will not rule out the possibility of an unexpected rate cut. If interest rates are cut, it will strike a heavy blow on the Canadian dollar.

In addition, the Fed's brown leather book report and Fed officials' remarks are also worth investors' attention.